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Old 03-08-2011, 05:32 PM
 
Location: San Diego, California Republic
16,422 posts, read 22,270,715 times
Reputation: 8613

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Quote:
Originally Posted by TimC2462 View Post
Baby Boomers are the worst generation. The younger generations are paying Social Security and Medicare to support the Baby Boomers, which is basically like throwing money into the black hole.
It's good to mention the generational aspect. My generation, Gen X is the smallest in number and we're right after the boomers. We are likely hopelessly screwed.
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Old 03-08-2011, 05:35 PM
 
Location: Sierra Vista, AZ
16,134 posts, read 20,762,727 times
Reputation: 8292
Quote:
Originally Posted by Gentoo View Post
It's good to mention the generational aspect. My generation, Gen X is the smallest in number and we're right after the boomers. We are likely hopelessly screwed.
The Baby Boom won't last forever, when they die off it
will normalize. All that is needed to make Social Security solvent is to remove the cap on the wage tax so the rich get to pay in
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Old 03-08-2011, 07:14 PM
 
Location: Southern California
15,088 posts, read 17,507,957 times
Reputation: 10298
Quote:
Originally Posted by bulldogdad View Post
Sounds like you need to educate yourself and get an better job.
Agreed. Or acquire a marketable skill and get a better job; or simply get a better job. When I worked minimum wage jobs I never cared that the pay was 'low' since I knew I was transitioning through it and that it was not permanent.

[and I wasn't trying to live off of it, either]
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Old 03-08-2011, 07:28 PM
 
Location: San Leandro
4,576 posts, read 7,856,301 times
Reputation: 3248
minimum wage like rent control needs to be abolished, the effects of these things are counter intuitive to their goals
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Old 03-08-2011, 07:36 PM
 
11,715 posts, read 35,875,875 times
Reputation: 7510
Quote:
Originally Posted by NorCal Dude View Post
minimum wage like rent control needs to be abolished, the effects of these things are counter intuitive to their goals
But both get the politicians behind them lots of votes from the unwashed masses.
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Old 03-08-2011, 08:03 PM
 
Location: San Leandro
4,576 posts, read 7,856,301 times
Reputation: 3248
and yet one costs them jobs and the other raises their rents. Speaks volumes about voter ignorance in industrial societies.
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Old 03-08-2011, 08:14 PM
 
Location: Full time RV"er
2,403 posts, read 5,774,840 times
Reputation: 1472
Quote:
Originally Posted by Evergreen7276 View Post
How can the minimum wage in this state be only $8.00/hr? How can people survive on that amount of money? It's ridiculous when you factor in the rent prices, gas, and insane taxes we have. The minimum wage should be adjusted to the cost of living. Washington, Vermont, Oregon, Nevada, Illinois, and Connecticut all have higher minimum wages than California. What a joke.
No joke!, When are you leaving ?, do you need gas money? I personally know many that would be happy to have an $8.00 job right now.
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Old 03-08-2011, 08:19 PM
 
Location: San Leandro
4,576 posts, read 7,856,301 times
Reputation: 3248
Quote:
Originally Posted by TimC2462 View Post
Baby Boomers are the worst generation. The younger generations are paying Social Security and Medicare to support the Baby Boomers, which is basically like throwing money into the black hole.
Baby boomers have put the most into Social Security, so they will get the most out of it.
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Old 03-08-2011, 10:46 PM
 
Location: Boca Raton, FL
711 posts, read 1,625,895 times
Reputation: 349
Quote:
Originally Posted by Don9 View Post
Why would someone spend big bucks and years of hard schooling to become a doctor if they would get the same wage as an uneducated bus driver?
Bus drivers are grossly overpaid due to the influence of the public employee's unions. Market wages for them would be much less.

Your question is meaningless. What you deserve for having a doctor's education is nothing. Credentialism is a fallacy. What matters is value, not education.
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Old 03-08-2011, 11:55 PM
 
Location: State of Jefferson coast
965 posts, read 2,613,079 times
Reputation: 1294
Quote:
Originally Posted by Boompa View Post
The Baby Boom won't last forever, when they die off it will normalize.
That's right, folks. Just hang tight until 2065 and solvency will return. Of course by then there'll be 10.5 billion people on the planet, but...
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